Category: AI Investment

Qatar-backed Mayhoola denies report it is considering Valentino sale with Kering

Mayhoola Denies Reports of Valentino Sale to Kering: What’s Next for the Fashion House? Mayhoola, the Qatar-backed investment fund, has recently found itself at the center of speculation regarding a potential sale of Valentino to Kering. However, the fund has swiftly moved to deny these reports, leaving many in the fashion industry wondering about the […]

Elon Musk’s xAI secures $2 billion from SpaceX

Elon Musk’s xAI Secures $2 Billion Investment from SpaceX In a groundbreaking move that merges the realms of space technology and artificial intelligence, SpaceX has extended a whopping $2 billion investment to Elon Musk’s xAI venture. This strategic partnership marks a significant shift away from the conventional practice of treating space exploration and AI as […]

Kazakhstan rises as an AI superpower

Kazakhstan Rises as an AI Superpower Kazakhstan, known for its rich history and stunning landscapes, is now making waves in the tech world as it emerges as an AI superpower. With ambitious plans set in motion by the government, the country is gearing up to become a hub for artificial intelligence innovation and expertise. One […]

Scammers use fake celebrities to steal millions in crypto fraud

Beware of Crypto Scammers Impersonating Celebrities: FBI Reports Billions Lost In the ever-evolving world of cryptocurrency, scams and fraud have become an unfortunate reality for many investors. One particularly insidious tactic that scammers are using involves impersonating celebrities to lure victims into fraudulent schemes, resulting in billions of dollars in losses, according to the FBI. […]

National Wealth Fund investment in carbon capture to boost 3,500 jobs

National Wealth Fund Investment in Carbon Capture to Boost 3,500 Jobs The recent announcement of the National Wealth Fund’s investment in carbon capture technology has sparked excitement and optimism within the industry. The flagship Peak Cluster project signifies a significant milestone in the journey towards establishing a cutting-edge carbon capture pipeline that will revolutionize the […]

Trump-backed crypto project receives $100 million investment

Trump-Backed Crypto Project Receives $100 Million Investment In a move that has raised eyebrows and sparked controversy, a crypto project backed by former President Donald Trump has recently secured a whopping $100 million investment. While this influx of funding has undoubtedly bolstered the project’s prospects, it has also reignited concerns among lawmakers regarding Trump’s financial […]

Japan plans crypto reclassification and ETF access

Japan’s Strategic Move: Crypto Reclassification and ETF Access Japan, known for its technological advancements and progressive approach towards cryptocurrencies, is making headlines once again with its latest proposal by the Financial Services Agency (FSA). The new FSA proposal aims to reclassify cryptocurrencies to attract both retail and institutional investors by reducing capital gains taxes and […]

Bitcoin holds strong above $100,000

Bitcoin Holds Strong Above $100,000 The world of cryptocurrency continues to be a rollercoaster ride for investors, with Bitcoin once again making headlines as it holds strong above the $100,000 mark. As of late, technical signals on Bitcoin and Ethereum are pointing to cautious optimism, signaling potential growth in the near future, despite key resistance […]

Bitcoin holds firm as tensions rise in the Gulf

Bitcoin Holds Strong Amidst Escalating Tensions in the Gulf As geopolitical risks continue to escalate in the wake of targeted airstrikes, investors are turning to assets that offer stability and resilience in the face of global uncertainty. One such asset that has been gaining significant attention in recent years is Bitcoin. Bitcoin, the world’s most […]

Armenia plans major AI hub with NVIDIA and Firebird

Armenia’s ‘Stargate’: A Major AI Hub in the Making with NVIDIA and Firebird Armenia, a country with a rich history and vibrant culture, is set to make a significant mark in the world of artificial intelligence (AI) with the establishment of a major AI hub in collaboration with tech giants NVIDIA and Firebird. Prime Minister […]

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